Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Encomara Squid Connection System Qualifies for Commercialization

Encomara Squid Connection System Qualifies for Commercialization

Russia Focuses Strikes on Ukrainian Ports, Industrial Sites, Distribution Facilities

Russia Focuses Strikes on Ukrainian Ports, Industrial Sites, Distribution Facilities

EU Wheat Continues to Rise During Black Sea Conflict

EU Wheat Continues to Rise During Black Sea Conflict

Chicago Wheat Hits Three-Year High Amidst Black Sea Conflict

Chicago Wheat Hits Three-Year High Amidst Black Sea Conflict

Subscribe for Maritime Logistics Professional E‑News

Swiss stocks: Factors to be on the lookout for August 28
Report says that the Marine One helicopter crew did not reach air traffic control in time to prevent a safety incident.
What has been attacked by Ukraine in its attacks on Russian energy sites?